I added another article to the Medianism FAQ: Why Is Median Expected Lifetime Income (MELI) Better Than GDP?
As I was writing it, I noticed a nice infographic at the Social Progress Imperative which tells about the long history of GDP (below). I like their attempt to replace GDP, but I doubt that it will be any more successful than any of the other attempts due to its complexity. I’ll explain more of my reasoning in my next FAQ article when I explain why MELI is better than the HDI.